SARFAESI Act, 2002 was formulated to promote the establishment of Asset Reconstruction Companies (ARCs) and Asset Securitization Companies (ASCs) to deal with rising NPAs that the banking and financial institutions deal with. The Act provides three important tools or methods into asset management of banking and FIs for recovery of NPAs: Securitization of financial assets […]
Introduction Banking and financial institutions are the backbones of finance sector of an economy. The well being of such institutions is extremely important for the capital to flow into the economy as their two-way functionalities i.e. accepting deposits and lending. These are the channels for capital flow. However, clogging of these channels endanger the entities […]
In today’s competitive world, when protecting the identity of a business is very tough, it is very crucial to protect distinctive identity of your business and your rights. To distinguish a business from others, Trademark, Patents and Copyrights are used. However, using a trademark does not give you exclusive rights over it unless you register […]